Verizon Wireless Settles Early Termination Fee Suit For $21 Million

Verizon Wireless agreed to settle a lawsuit over early termination fees for $21 million, avoiding a drawn-out dispute that fellow wireless provider Sprint Nextel is now enduring. The wireless carrier on Tuesday said the settlement resolves the plaintiffs' claims, although the company didn't admit to any wrongdoing. The settlement covers the various lawsuits across the country. The $21 million - the maximum amount Verizon Wireless is liable for - would be doled out to plaintiffs and will cover the attorney's fees.
http://money.cnn.com/news/newsfeeds/articles/djf500/200807091128DOWJONES...